How long do I have to preorder?

I'm always watching what I do with my money as I'm self employed, and I have to force myself to be responsible even when I would rather not... for someone such as myself in a country such as this one - that is not an insignificant amount of capital.

As such, I haven't actually pre-ordered yet. But I also don't want to miss the boat.

Will you give us fair warning when you decide to close down pre-orders?

Say... Two Months warning before the cut off point?
That should give me enough time to pull a rabbit out of the hat if money is tight...

I could probably pre-order now, except that would put pressure on my business and if any unforeseen expenses appear (as they always do), I could really set myself back.

This guy wants it dirt cheap even though ED isn't making much on it and constantly complains when he hasn't bought any vouchers or preordered. His name should be vulture.

Click to expand...

I see, so you are making up stuff now. I never said I want it dirt cheap. I never even said it should be cheaper. Where on earth you got that from is mystifying. By the way, as has been said, KS would make it more expensive which I'm fine with. Even though it would be more expensive, I'd be behind him doing a KS for the reason that it hopefully would enable him to clear his debts quickly. He has worked hard , I'd hate to see him struggle for years to clear his investor debt. I'd like to see that cleared and ED making a profit ASAP. Mind you, I don't think a KS should be done until the preorders are fulfilled and both the Pyra HW and SW is ready for it.

And no I don't constantly complain, I think I've raised one spec concern (which ED later reasured wasn't an isuse) in all of the three years (or what ever it is) of the Pyra development.

I think a kickstarter could work quite well, but he's have to do the maths if he didn't want the price to go up. He could do it so that the R&D costs he's already accumulated get subdivided between n kickstarter orders such that he still makes a modest profit on each unit, then set the target amount to n times the cost of a pyra.

Let's see:

Let the project target be t
Assume the dev cost of the Pyra is r which equals 127735.21+189655.21+208875.21+218246.46=744512.09 EUR as of 15th April
Assume ED wants to make a profit of 50EUR per unit, p
Assume kickstarter and others take a chunk equallying 8% = 0.08, being k below*
Assume the price to construct each unit at cost is c
Cost of each unit = 745EUR = c+p+r/n (where n is the number of units ordered)
The trick is to find an n where r/1056 (current preorders) - 745*k = r/n
r/1056 - 59.6 = r/n
n(r/1056 - 59.6) = r
n= r/(r/1056 - 59.6) = 1154 (as near as damn it)

So target, t=1154*745 =~ 850000EUR by my reckoning.

Of course, that's probably still wrong.

* If paypal also take a cut, how does that work, given you can also pay by credit cards who take a different cut?

I dont think adding 8% will be an issue. A GPD WIN crowdfunding was done on Makauke.com - a Japanese crowdfunding site after their Indiegogo campaign. They charged between 10-20% more(varying on later backer levels) than they did on Indiegogo and it was still successful.

Thanks, I've updated my post and also fixed two bugs; the first of which inflated the predicted target and the other that I'd missed off a zero in copying the output from my python terminal; it said 3 million, I wrote 300 thousand. So it now being near to 900 thousand is actually an improvement.